Issue - meetings

S106 Spend 2014/15

Meeting: 02/03/2015 - Cabinet (Item 158)

158 2014/15 Section 106 expenditure pdf icon PDF 159 KB

Additional documents:

Minutes:

Cabinet was informed that the finance comments in paragraph 8.1 of the report had been amended as a result of inconsistencies which arose from a drafting error.  The proposal to spend £2.16m as itemised in Appendix 1 was correct. 

 

The total spend in Appendix 1 breaks down as follows:

 

 

 

To cover existing General Fund spend (i.e. assisting the Council achieve its 14/15 savings commitments)

£1,125,000

To cover Planning costs of running section 106 

£113,900

To cover SUDS project expenditure 

£700,000

To fund additional spend on housing  

£200,000

To fund additional spend on the parenting network 

£20,000

Total

£2,158,900

 

 

 

 

That officers be authorised to spend Section 106 monies as set out in section 5 and  Appendix 1 to the report.